Mega Millions players have the option to activate a multiplier, called Megaplier, in 45 of its 46 jurisdictions; it is functionally similar to Powerball's Power Play; except the latter cannot multiply second prize by 5. (Neither Megaplier nor Power Play are offered in California because its state penal code distinguishes between a "lottery" in which the bank cannot be "broken", and a "banked game" whose bank theoretically could be broken; only a "lottery" was authorized by the state Lottery Act.) By adding $1 to a basic Mega Millions game, to $3, a player has an opportunity to multiply any non-jackpot prize by 2, 3, 4, or 5. The Megaplier is drawn by the Texas Lottery (before the cross-sell expansion on January 31, 2010, it was the only lottery to offer Megaplier), which is drawn by a random number generator (RNG). The odds for each Megaplier possibility are not uniform.
Mega Millions is played in 44 states — but not Alabama, Alaska, Hawaii, Mississippi, Nevada and Utah — the District of Columbia and the U.S. Virgin Islands. The most recent Mega Millions grand prize, a $142 million jackpot, was won May 4 in the Dayton, Ohio, suburb of Moraine; the winner claimed the prize anonymously through a trust, netting a $60.5 million lump sum after taxes.
The advertised estimated jackpot represents the total payments that would be paid to jackpot winner(s) should they accept the annuity option. This estimate is based on the funds accumulated in the jackpot pool rolled over from prior drawings, expected sales for the next drawing, and market interest rates for the securities that would be used to fund the annuity. The estimated jackpot usually is 32.5% of the (non-Power Play) revenue of each base ($1) play, submitted by game members to accumulate into a prize pool to fund the jackpot. If the jackpot is not won in a particular drawing, the prize pool carries over to the next drawing, accumulating until there is a jackpot winner. This prize pool is the cash that is paid to a jackpot winner if they choose cash. If the winner chooses the annuity, current market rates are used to calculate the graduated payment schedule and the initial installment is paid. The remaining funds in the prize pool are invested to generate the income required to fund the remaining installments. If there are multiple jackpot winners for a drawing, the jackpot prize pool is divided equally for all such plays.
The annuity factor, or the cost to fund an annuity prize, is another key component. The annuity factor is made up of interest rates for securities purchased to fund prize payments. The higher the interest rates, the higher the advertised Grand Prize. You might not realize that an economic reality like interest rates impact even the Powerball jackpot, but they do!
Powerball pays out the largest lottery jackpots in the world. Simple as. The biggest of the bunch arrived in Jan 2016, when three ticket-holders shared a prize fund worth $ 1.58 Billion. For your chance to win a world-beating lotto prize, pick 5 from 69 plus the Powerball and bet on one of our Thursday or Sunday night draws. Highest ever jackpot: $ 1.586 Billion
The American Powerball lottery makes use of two machines drawing two sets of numbers. In this way, it is similar to other lotteries like the Mega Millions and EuroMillions. Powerball players need to match five numbers from a possible 69 (these are the white numbers), and one number from a possible 26 (these are the red bonus ‘Powerballs’). If a player matches up all six numbers that have been drawn, they will win the jackpot. Second tier division winners have a $1 million prize to look forward to – one does not even need to match all six numbers in order to become a millionaire with the US Powerball game!
Remember, the advertised Mega Millions jackpot is the annuity jackpot, which means it's the amount that you would receive if you were to opt for the money to be paid out over 29 annual payments (plus a one-off initial payment). For example, for an advertised jackpot of $200 million, the initial payment would be approximately $3 million, with future payments growing to as much as $12.4 million per annum. However, almost all jackpot winners take the cash option that is paid in one lump sum that, on average, is 60% of the advertised jackpot.
When it was launched in 1992 Powerball became the first game to use two drums. Using two drums to draw numbers from offers more manipulation by simultaneously allowing high jackpot odds, numerous prize levels and low overall odds of winning (as explained later, a ticket can win by matching only one number). The two-drum concept was suggested by Steve Caputo of the Oregon Lottery. The two-drum concept has since been used by The Big Game (now Mega Millions) in the US, Australia's Powerball, Thunderball in the UK, Eurojackpot and EuroMillions (unlike most two-drum games, Euromillions selects two numbers called "Lucky Stars" from the 2nd drum; jackpot winners must make a total of seven matches).
Every jurisdiction has its own law on winners remaining anonymous. Some jurisdictions are required by law to provide the winner's name, city of residence, game won and prize amount to any third party that requests the information. Other jurisdictions allow winners to create trusts to shield their names from the public, or otherwise claim prizes anonymously. Check with your lottery to see if taking a photo of the winner is required and what its rules are on prize claims. Even if you keep your identity secret from the media and the public, you will have to be known to the lottery so officials can confirm you are eligible to play and win, as well as other legal requirements.
Not only can players get a chance to win the American dream, but they are also offered various possibilities to win big also in our own continent. EuroJackpot and EuroMillions have incredible jackpots, as well as DinoLotto and Lotto6/49. With Eurolotto the chances of becoming a millionaire are extremely high, as this broad selection of lotteries proves
With an impressive $40,000,000 starting jackpot, US Powerball offers the biggest starting jackpot of any world lottery, and its $1.58 billion personal best from January 2016 is the all-time lottery world record! Match all five main numbers and the Powerball and you could be celebrating a multi-million dollar win in America’s favourite lotto! When you play Powerball online, in addition to the jackpot you can win one of eight exciting secondary prizes including a second prize that starts at $1 million!
I am truly grateful to the team at USAGCL for all their help and assistance in guiding me through the process of my green card lottery entry. I work in the film industry in Australia and it's always been a dream to move to LA and work in Hollywood. Thanks to USAGCL my dream is not far from fruition. I entered the lottery in 2013 and I won in my first year! I couldn't believe it, especially as I had heard so many stories of people failing again and again year in and year out. When I had trouble filling out my application a consultant called me from their offices in the States and walked me through the whole process. He provided me with all the information I needed and his contact details for any further enquiries. He really went above and beyond to make it clear and easy for me. So Tinseltown here I come!
America's two biggest lottery games, Mega Millions and Powerball, have combined jackpots of nearly $900 million in drawings this week. The jackpot in the next Powerball drawing, to be held Wednesday, Jan. 3, is an estimated $460 million. The next Mega Millions drawing, where the jackpot is an estimated $418 million, takes place Friday, Jan. 5. A surge in ticket sales could boost both jackpots.
Mega Millions (which began as The Big Game in 1996 and renamed, temporarily, to The Big Game Mega Millions six years later) is an American multi-jurisdictional lottery game; it is offered in 44 states, the District of Columbia, and the U.S. Virgin Islands. The first (The Big Game) Mega Millions drawing was in 2002; see below. (What is now Mega Millions initially was offered in six states; the logo for all versions of the game following the retiring of The Big Game name featured a gold-colored ball with six stars to represent the game's initial membership.)
In March 2009, it was reported that New Jersey, already a Mega Millions member, sought permission to join Powerball. Shortly after, discussions were revealed about allowing each US lottery to offer both games. On Oct 13, the Mega Millions consortium and MUSL reached an agreement in principle to cross-sell Mega Millions and Powerball. In Nov, MUSL signed an agreement to start streaming Powerball drawings online.
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Choose five numbers from between 1 and 69. Like nearly all lotteries, none of these five numbers can be the same and the order doesn't matter. You'll also choose a Powerball number between 1 and 26. We recommend you spend a little more and take the Power Play option; we explain why in more detail below. Once you’ve bought a ticket, you’re going to have to wait for the drawings to take place on Wednesdays and Saturdays at 10:59 p.m. (EST). It’s that simple and will take you one step closer to hunting down that big win.
On January 13, 2016, the world's largest lottery jackpot, an annuity of approximately $1.586 billion, was split among three Powerball tickets in Chino Hills, California, Melbourne Beach, Florida and Munford, Tennessee, each worth $528.8 million. Since there is no income tax in Florida or Tennessee (and California does not tax lottery winnings), the cash option after Federal withholdings is $187.2 million each.
Yes! Powerball tickets are available to buy in 47 US states and territories and theLotter’s service makes tickets available worldwide. theLotter local offices buy official US Powerball lottery tickets on your behalf from inside the US, and with theLotter’s See Your Ticket Service, you will see a scan of any and all Powerball tickets you buy in your theLotter account before the relevant draw.
The largest Mega Millions jackpot, advertised as $640 million at the time of the drawing (annuitized) or $462 million (cash value), was drawn on March 30, 2012. The initial estimate for that drawing (following the March 27 drawing, which was $363 million annuity) was $476 million (later increased to $500 million and again to $540 million); brisk ticket sales pushed the jackpot values, both annuitized (to $656 million) and the cash option ($474 million) higher. The amount spent on Mega Millions for drawings following its previous jackpot win, on January 24, 2012, was at least $1.5 billion. three jackpot-winning tickets had been confirmed (Illinois, Kansas, and Maryland).
Ask for the All Star Bonus with your Lotto America purchase! For an extra $1 All Star Bonus purchase you could increase your prize amount (except the jackpot) by 2, 3, 4 or 5. If you match 5 white ball numbers and have purchased the All Star Bonus, you will have multiplied your $20,000 prize to as much as $100,000! The prize payout does not increase if you match 5 and the Star Ball; in that case you win the jackpot!
The biggest Powerball jackpot, which is also the current lottery jackpot world record, was won on 13 January 2016! The jackpot was worth an incredible $1.58 billion and was shared by three extremely lucky ticket holders in California, Florida, and Tennessee. The second biggest Powerball jackpot to date was awarded to a lucky lottery player from Massachusetts who won an astounding $758.7 million jackpot in August 2017. Also notable is the story of Gloria MacKenzie, who used Quick Pick and matched all the numbers and the Powerball on 18 May 2013. The jackpot she won was worth $590.5 million!
The final 5/56 + 1/46 Mega Millions drawing was held on October 18, 2013; that night's jackpot of $37 million was not won. The first drawing under the revised 5/75 + 1/15 format—which saw the jackpot estimate "leap" to $55 million due to the change in the annuity structure—occurred on October 22, 2013. The minimum jackpot was then $15 million, with rollovers of at least $5 million. Second prize (5+0) became $1 million cash. In the revised format, players chose 5 of 75 white ball numbers, and the "Gold Ball" number out of 15.
Decrease the odds and increase your chances of winning a lotto prize. The QikPiks app provides lottery players with a simple and logical way to maximize the chances of winning a lottery prize. QikPiks generates and displays sets of numbers for 3 of the most popular lottery games in Europe including... Lotto 550 EuroMillions Lotto 550 EuroJackpot Lotto 690 Italy SuperEnalotto For each lottery game, QikPiks displays the maximum number of rows and columns to play along with the totals for each row. The totals are the key to increasing a players chances of winning a lottery prize.